March 22, 2017

Digvijay Finlease- Consolidation of Shares-to Rs.1000

.New Post

September 06, 2017

We received information from investors of Digvijay Finlease that they phoned the Regd. office at Kolkata and were informed that the Company has dropped its proposal for consolidation of Rs. 10 paid up share to Rs.1000.We phoned at the Tel No 033-22130957 and talked to KK Thakur.He confirmed that the Company has applied to NCLT withdrawing its petition .==============Important Blog Disclaimers1 ) Please RECHECK THIS independently.2 ) Please do NOT take any Investment Decision based this information.3 ) No Responsibility with this Blog / Blog Writer----------------------If the news is really correct , we congratulate share Investors for their activism.

Shareholders of Digvijay Finlease should oppose tooth and nail such anti small shareholder tactics.

Shareholders should , also ,demand listing of Digvijay Finlease in NSE / BSE

In case shareholders are not in a position to have lots of 100 / folio then they should sell their fractions ( 1 to 99 ) in the Delisted Market to Dealers ,where they can get around Rs 600 ( please recheck )

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Important : Please Recheck All Facts.

Please do not take any Investment Decision based on above analysis

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old /original post

Digvijay Finlease ( Unlisted ) is consolidating the Face Value of its share from Rs. 10 paid to Rs.1000.

100 shares of Rs. 10 = One share of Rs. 1000All those share holders with Fractions would be paid @ Rs.200 for Rs. 10 share

Shree Cement was originally promoted by Shree Digvijay Cement Co. Limited. In 1983, Beawar ( Rajasthan ) Cement Licence was originally given by the Govt. to Shree Digvijay Cement.Bangurs transferred it to a new Company- Shree Cement ( Name Shree from Shree Digvijay )
.Shares of Digvijay Finlease were given to shareholders of Shree Digvijay Co.after transferring Shri Digvijay's holding to it of Shree Cement shares.Shree CementsDigvijay Finlease 's NAV has been calculated , by some to be above Rss.25,000 / Rs. 10 share ( PLEASE RECALCULATE INDEPENDENTLY/ No Responsibility )Digvijay Finlease 's fellow Holding Company NBI Industrial Finance has , recently , Relisted at NSE and its CMP is Rs.4500.It is very sad that when Sheholders of Digvijay Finlease were demanding Listing in NSE / BSE , Promoters have chosen this cheap tactic to deprive small shareholders of their shares at a minuscule fraction of the True Worth ( NAV )--------------------